5 Best SPACs to Buy According to David Einhorn’s Greenlight Capital

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In this article, we discuss the 5 best SPACs to buy according to David Einhorn’s Greenlight Capital. If you want to read our detailed analysis of these SPACs, go directly to the 10 Best SPACs to Buy According to David Einhorn’s Greenlight Capital.

5. Nebula Caravel Acquisition Corp. (NASDAQ: NEBC)

Nebula Caravel Acquisition Corp. (NASDAQ: NEBC) is placed fifth on our list of 10 best SPACs to buy according to David Einhorn’s Greenlight Capital. It is a special purpose acquisition company based in San Francisco. The firm went public in December 2020, raising more than $275 million from the initial public offering. It concentrates on mergers with companies working in the technology sector in the United States. The CEO of the firm is Adam Clammer. 

Nebula Caravel Acquisition Corp. (NASDAQ: NEBC) has a market capitalization of over $340 million. It has signed a definitive agreement for a merger with Rover, a Seattle-based pet care startup that is planning to go public soon. Rover is valued at around $1.3 billion. 

At the end of the first quarter of 2021, Greenlight Capital owned 122,400 shares in Nebula Caravel Acquisition Corp. (NASDAQ: NEBC) worth $1.2 million. This represented 0.08% of the investment portfolio of Greenlight Capital.

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